Ready Player Me raises $13M to expand metaverse platform

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Ready Player Me raises $13M to expand metaverse platform

The three-dimensional avatar platform seeks to expand its digital presence throughout the metaverse heading into 2022.

Metaverse gaming platform Ready Player Me has announced a $13-million Series A funding led by the respective co-founders of Wise and Teleport, Taavet+Sten, with further participation from the co-founder of GitHub, Tom Preston-Werner, alongside Samsung Next, Konvoy Ventures and Gmoney.

The platform intends to utilize the capital to advance ambitions for avatar interoperability between metaverse worlds. This initiative supports the thesis of multiple digital dimensions as opposed to a singular model, a critic often leveled at Meta, formerly known as Facebook, amid cautions of its attempts to land-grab, or monopolize, the metaverse space.

Aside from this, Ready Player Me will also expand its workforce to over 70 employees and support its community of developers with the introduction of new application program interfaces and software development kits to enhance the product offering, and in turn, the front-end user experience.

Today, Ready Player Me’s avatar model is being utilized by more than 1,000 companies and organizations, ranging from Somnium Space to Verizon. In addition, the platform has also established collaborative partnerships with seasoned commercial brands Warner Brothers, Dior and New Balance, among others.

Revealing its ambitions for the coming year in an official blog post, the team’s marketing manager, Daniel Marcinkowski, noted that it would aim to “build the best avatar system for developers across the metaverse,” while CEO Timmu Tõke stated:

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